Plan Ledger DOL Form 5500 · updated monthly

Blue Cross and Blue Shield of Kansas, Inc.401(k)

TAX-FAVORED SAVINGS PROGRAM · TOPEKA, KS · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Blue Cross and Blue Shield of Kansas, Inc. reported $141,637 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $4,020 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.035% to 0.045%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 20th-largest of 828 plans among Kansas employers on file, and the 411th of 4,798 in finance & insurance. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 1,641 to 1,859 since 2022.

Plan summary
Net assets, end of year$335,207,912
Participants with balances2,142
Active participants1,859
Employer contributions$7,472,812
Employee contributions$14,611,302
Employer contribution per active participant$4,020
Average account balance$156,493
Benefits paid to participants$30,119,808
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$335.2M · 2,142 accts · $7.5M emplr
2023$298.2M · 2,035 accts · $6.5M emplr
2022$251.2M · 1,920 accts · $5.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,147
Total administrative$141,637
The Blue Cross and Blue Shield of Kansas, Inc. 401(k) match · 2024
Employer contribution per active participant$4,020
Median for plans this size$4,294
2024$4,020 per active participant
2023$3,693 per active participant
2022$3,528 per active participant

Blue Cross and Blue Shield of Kansas, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$132,147
BCBSA NEBA · Plan administrator$9,490
SS&C · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$141,637 · 0.04%
2023$788,925 · 0.29%
2022$101,339 · 0.04%
Same employer
Similar plansFinance & Insurance · Kansas
Security Benefit Corporation KS$389.2M · 0.01%
Creative Planning LLC KS$371.2M · 0.08%
Ima Financial Group, Inc. KS$317.2M · 0.21%
Mariner Wealth Advisors, LLC KS$278.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480952857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.